Inflation in Georgia

Georgia Inflation | Economic News & Forecasts

Georgia - Inflation

Annual GDP rose 5.5% in Q2—the strongest print in nearly four years—sustained by a solid performance from the external sector. Merchandise exports soared in Q2 due robust demand from CIS countries. Available data suggests momentum carried over into Q3: the lari held its ground against major currencies throughout Q3, while higher private sector lending and an accommodative monetary policy environment likely buoyed domestic demand in August. Nevertheless, the depreciation of the Russian ruble and the Turkish lira crisis signal potential headwinds to the Georgian economy H2 2018 due to an adverse impact on trade, remittances and tourism. On 28 October, Georgians will head to presidential polls in what will be the last direct presidential vote—a College of Electors will elect the president going forward.

Georgia - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)-0.5  3.1  4.0  2.1  6.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Georgia Inflation Chart

Georgia Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
Source: National Bank of Georgia.

Georgia Facts

Exchange Rate2.670.0 %Oct 16
Stock Market0.50.55 %Oct 16

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.


Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form